The housing market in Butte, NE is relatively affordable compared to the US average. According to recent data, the median value of a house in Butte is $86,600 which is significantly lower than the US median value of $338,100. Furthermore, although the US experienced a house appreciation rate of 8.27% over the past year, Butte’s appreciation rate was slightly lower at 7.91%. This indicates that homes in Butte have seen more modest increases in value compared to other parts of the country. Overall, this makes housing options more accessible for those living in and near Butte.
The median home cost in Butte is $86,600. Home appreciation the last 10 years has been 94.3%. Home Appreciation in Butte is up 16.3%.
Average Age of Homes
- The median age of Butte real estate is 78 years old
The Rental Market in Butte
- Renters make up 24.8% of the Butte population
- 2.2% of houses and apartments in Butte, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.